New Jersey Resources reports Q1 EPS 74c, consensus 75c

Reports Q1 revenue $467.2M, consensus $662M.Steve Westhoven, President and CEO of New Jersey Resources, stated, “Our results for the first quarter were consistent with our expectations. Additionally, our performance in the beginning of our fiscal second quarter has exceeded our original projections, as Energy Services benefited from natural gas price volatility. As a result, we are raising our fiscal 2024 NFEPS guidance range by $0.15 to $2.85 to $3.00.”